Achieve a True Diversification With Self Directed IRA

What do you get from self-directed IRA account?

The ultimate advantage of setting up a self-directed IRA account with an IRA custodian is that you are the one who is in control.

The other best attribute you are getting with the said type of IRA is that you get the flexibility you can ever wish.
If you are targeting investments that are beyond the confines of Wall Street, then self-directed IRA is the right one for you. It is said that the average balance in any IRA is more or less $25,000! And so that is enough funds for you to diversify your investments to get to the retirement that you are planning for! Retirement does not have to be achieved at an old age. You can retire soon if you pan for it!

DIVERSIFICATION

With self-directed IRA, you can directly invest your money in real estates. If you are leaning towards acquiring houses or an apartment complex for a continued cash flow, then this type of IRA can help you start that venture. Specifically, if a friend of yours mentioned to you a house down the corner being sold for half its price… or a short term loan at 15% from a credit institution, only with this IRA that you could do this.

You maybe into small businesses or getting a franchise and just the right amount of money is in your IRA but the only way to get to that is by having a self-directed IRA. Your traditional IRA will restrict you from doing that.

Personal loans is something you can take advantage also with this kind of IRA. Begging your fund manager for the money you own and saved would not occur if you have a self-directed IRA.

If there is an investment that will make sense to you at all, with self-directed IRA, money is readily at hand just by writing a check for it.

Purchasing of tax liens could also be done only with self-directed and not the typical IRA. It offers low risk on the investor’s side, the length of investment is often short-termed and the return is substantial unlike what the current market offers.

FINALLY, the precious metals that you can either hold or store in a depository. Only with this unique IRA that you can have a gold IRA or silver IRA started. Gold is expected to rise further its value to a staggering $5000 per ounce. And silver, with the stockpile at a very low mark, can match the price of gold. This precious metals BOOM is happening soon and may not last for long.
From an investment that will give you cash flow to a stable asset even in the middle of a weak economy, the self-directed IRA can give you so much flexibility! Your options are not limited to bonds, stocks and mutual funds! There are just investments nowadays that make more sense than the paper ones.

Three Things to Consider Before Hiring That Marketing Person

First, what does the position entail? “Marketing”, after all, means different things in different companies. To some firms the Marketing done entails identifying new markets, driving new product development, fielding market communication campaigns, then directing and motivating the sales force. Clearly, they envision a senior executive who would be very near the top of the organization..

At the other extreme, to other companies a “Marketing” person is someone who turns out ads, catalogs, brochures, flyers and so on and do it in-house. That’s what “Marketing Manager” means to these companies.

For most companies the “marketing person” needed is less than senior executive and more than a graphics designer. If your company is in this middle category then you need to consider these questions:

1. Is the marketing need long term and ongoing? Is there a regular monthly workload and will it continue at least two years? Too many companies hire someone to tackle a “huge” volume of work only to see it completed within a year. Then they have to find more for the new hire to do or let them go. Here are a couple of hints;

A. Plot all past marketing projects. When were they completed? If you don’t see an ongoing, steady output of marketing projects, chances are that you don’t need that marketing person.

B. Don’t hire someone just to save on agency or graphic designer costs. When outsiders aren’t working for you, they don’t cost you a thing. Salaries, on the other hand, are a fixed expense.

2. How will you recognize and avoid B- or C grade marketing? You want marketing that will boost sales and rock the competition but what if the new marketing person’s proposals don’t “wow” you? Do you run with them anyhow and hope for the best? Consider this:

A. “Creativity” isn’t all there is marketing. Successful marketing is always based on an insightful marketing strategy. The marketing manager must have both the education and real-world marketing experience to not only understand the strategy but to contribute to its development.. And those credentials don’t come cheap.

B. Creativity is required to implement the strategy but it must not only be attention-getting but must also reflect well on the product and on the company. Mediocre or “cute” creative can blunt the impact of the strategy. That’s why marketers want to see three or more distinct creative approaches.Will you be able to recruit —and afford—that creative a marketing manager?

C. Even creativity should be judged in a business-like manner. Younger, novice marketing managers may not take criticism, let alone rejection, of their pet ideas well. How to spot them? Go through a candidate’s samples and quiz them on why they chose a particular direction. Look for answers that refer to results not design theories. If they seem defensive, you can look forward to hurt feelings and sulking.

3. What if you hire the wrong candidate? In companies that haven’t a good-sized marketing department, there is no one to take up the slack when the marketing person is out, on vacation, or let go. Moreover, marketing people usually interact with only one or two others who are in a position to judge how well they’re doing. That’s why when that marketing person is let go, the reasons are usually not obvious to their co-workers. This uncertainty can affect employee morale. Hints? There aren’t any. Just don’t hire the wrong person.

At the start I wrote ” the bad news is that there are other reasons why adding to your staff may not be best for your company.” Well, the good news is that you can get the marketing you need without a marketing manager.

I’m not proposing that you simply go back to the ad agencies or designers you relied on before you considered hiring a marketing managers. Apply the same business acumen that you employ in the rest of your operations. While marketing services are far from being a commodity, shopping around for the right one… or ones… is easy in these internet days. And, yes, I did write “ones.” Let me explain.

A lot of companies do the same things they did all along because they thought that there were no choices. They’d hire one ad agency. They’d sign a contract. And, believe it or not, some paid a monthly retainer! Wake up, pal! You’re the Customer! You get to call the shots!

Why not hire the marketing expertise you need when you need it? Need a product launch plan? Hire someone who’s done it over and over again. Pay them then say “adios.”

Need a corporate identity campaign? Hire someone to get you that recognition then recognize that, once the mission is accomplished, you no longer need that someone.

Consider this radical idea in terms of the three questions we covered before.

1. Is the marketing need long term and ongoing? It doesn’t matter. Once you’ve settled on the price you can “employ” an outside consultant or agency for a month or a year. Let them go and re-hire them for the next project. What about the cost? Trust me, it’ll always be far cheaper than paying a salary, benefits, and for endless hours of web-surfing.

2. How will you recognize and avoid B- or C grade marketing? Simple. If you don’t like what they bring you, you don’t pay. You send them “back to the drawing board.” No more worrying about hurting someone’s feelings. No more putting up with missed deadlines. You’re the Customer not the Boss. And everyone in sales knows that customers are more demanding than any boss.

3. What if you hire the wrong candidate? Fire a consultant or an agency and not one of your people will care. Best of all, you can hire a replacement before the original is out the door. In fact, you can have more than one agency or marketing mercenary working for you at the same time. The secret? You don’t give anyone your account. You give them a project.

So before you fill that Marketing Manager position, ask yourself ” Why not hire a “temp” first?”

Richard Koranda has driven creative strategies for American Express, Bank of America, CitiCard, Visa, Dreyfus, and Diners Club. His work earned over 60 industry awards for response and creativity. He was also responsible for the highly successful repositioning of Visa “Visa. Its everywhere you want to be”, which led to the brand dominating the bankcard market.

Previously, he headed up UMarketing LLC as Executive Creative Director serving a broad range of clients including Blue Cross, AMA, KaVo Dental America, Blockbuster Music, MicroTek, and Diners Club International, Chase, US Bank, BMO Harris Bank.

What types of fish are considered Reef Fish?

There are many types of reef inhabiting ocean species, but not all of them are considered seafood. These are the reef bound seafood varieties that are sold by seafood exporters in Sri Lanka to be consumed:

Grouper: The grouper is a delicious variety that is found in the Atlantic, Pacific, and Indian oceans. They typically grow to be about two feet long and have white or cream-colored flesh. This is ideally made into a curry or grilled.
Snapper: The snapper is another popular type of seafood found in and near reefs that can be found in the Atlantic, Pacific, and Indian oceans. They typically grow to be about two feet long as well and has reddish-orange flesh. They are commonly eaten fried, baked, or even smoked.
Red Snapper: This is a beautiful, brightly coloured aquatic food source that can weigh up to 20 pounds and grow to be more than two feet long. They are typically found in the Gulf of Mexico and off the coast of Florida. Red snapper is considered a delicacy and is most commonly eaten fried, broiled, or blackened.
Tuna: This is a large fish that can grow to be six feet long and weigh more than 300 pounds! While they aren’t considered specifically as “reef fish,” they still reside on coral reefs and are therefore caught by fishermen targeting those areas. This means that you will find tuna on most menus at seafood restaurants that serve fish caught in such areas. Tuna is generally consumed grilled, seared, or blackened.
Marlin: The marlin, which is a part of the billfish family, is a large saltwater fish that can weigh up to 500 pounds and grow to be more than 14 feet long! They are found in tropical and subtropical waters all over the world. They are considered prized gamefish and are often caught for sport. Marlin is most commonly eaten grilled, blackened, or smoked.
Wahoo: The Wahoo is a sleek, fast-swimming aquatic animal that ranges in size from one to 150 pounds. They are typically found in warm waters near the surface of the ocean. Wahoo is considered a delicious delicacy and is most commonly eaten fried, baked, or as ceviche.
Mahi Mahi: This is another delicious saltwater variety that is found in tropical and subtropical waters all over the world. They can weigh up to 100 pounds and grow to be more than three feet long. Mahi Mahi is a popular gamefish and is most commonly eaten fried, baked, or grilled.
Cobia: Cobia is a large fish that can grow to be more than four feet long and weigh up to 150 pounds. It is typically found in warm coastal waters near the surface of the ocean. Cobia is a popular gamefish and is most commonly eaten grilled, blackened, or smoked.
Snook: Snook is a beautiful silver variety that can grow to be more than three feet long and weigh up to 30 pounds. It is typically found in coastal waters near the shoreline. Snook is a popular sportfish and is most commonly eaten grilled, smoked, or fried.
Triggerfish: These are a brightly coloured variety of seafood that can grow to be more than two feet long and weigh up to 15 pounds. They are typically found in reefs and rocky areas near the surface of the water. Triggerfish are popular gamefish and are most commonly eaten fried or grilled.

Reef fish are high in nutritional value and contain:

High levels of omega-three fatty acids.
Vitamins A and C.
High levels of selenium, which is a powerful antioxidant.

This type of seafood is all targeted for their meat by reliable seafood exporters in Sri Lanka, and they are considered a delicacy in many parts of the world. However, there are also many types of reef-dwelling aquatic species that people don’t eat. Some of these include the following:

Angelfish
Butterfly
Anthias

These types are not typically eaten because they do not have much meat on them. They are mostly caught for their fins and scales, which some people believe have medicinal properties, or for aquariums.

Reef fish live within coral reefs and are specially adapted to the bright, warm environment. They come in a wide variety of colours and shapes and can be found in both saltwater and freshwater environments.

These different aquatic varieties are important for keeping coral reefs healthy. They eat algae and other things that can damage or kill coral reefs. In addition, they provide food for larger animals that live on or around coral reefs.

There are many different types of reef fish, but some of the most common ones include:

Damselfish
Puffer
Parrotfish
Tangs
Grouper

These are considered reef fish because they rely on coral reefs for their survival. Without coral reefs, they would not be able to survive, and the coral reefs would be in danger of dying.